SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: MCsweet who wrote (33798)3/21/2009 8:52:11 AM
From: MCsweet  Respond to of 78748
 
PIY follow and trust preferreds follow up,

I have been selling a little PIY in my taxable accounts in 13's and 14's after having bought in various accounts from 10's and 11's. In my IRA accounts happy to clip coupons for 1.05 dividend coming in a week, but wanting to avoid income taxes in my regular account.

Some asked for a list of such securities. Quantum online is a helpful source (recommend people make a free donation). Here is a list of 3rd party preferreds, created when a broker puts a company's bonds into a trust

quantumonline.com

MC